Government-sponsored text messaging? You got it. Welfare recipients in approximately 20 states–with more to follow– are currently eligible to receive a free cell phone with a limited number of monthly minutes. All individuals that qualify for state or federal welfare–food stamps, Medicaid, etc.–and have an income at or below 135% …
This month, Congress will face every shopaholic’s worst nightmare: a maxed out credit card. After a year of seemingly endless government spending, the Senate must now vote to increase the limit on how much debt the federal government can carry. Lawmakers really have no option but to pass this unfortunate …
As Congress returns to Washington, the crucial decisions that await lawmakers will have enormous financial ramifications for the country for years to come. House and Senate leaders continue their struggle to land a health care bill on the President’s desk this month, even though proposed legislation would add to the …
The House and Senate are working to reconcile their differing health care reform bills into one final bill. Tax increases remain a stubborn sticking point. The House prefers a surtax on high-earners and the Senate an excise tax on so-called “Cadillac” health insurance plans that cost over $8,500 for individuals …
Spending. As Heritage Foundation Senior Policy Analyst Brian Riedl explains, runaway federal spending is where our historic levels of debt are coming from. Watch: And as Reidl mentions, as fast as spending has been rising this century, thanks to our long term Entitlement obligations, our spending and deficit problems will …
The danger of higher taxes in the future is thwarting economic recovery today. Businesses make investment and hiring decisions based on their expectations of future profitability. If they expect to be more profitable in the future they will hire. If they do not they hold back on expansion. They base …
